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FOX Business
Jan 13, 2013 2:00am EST
, it is time for dc to take a cue from the bayou . bobby jindal want to limit the state income tax and corporate tax it is time to change so people can keep their own money and foster an environment where businesses want to invest andreate good paying jobs. he would hike the 4 percent sales tax and some say like it up to washington d.c., is that right or wrong? i am dave asbin. we'll go to steve and rich and mike and john, you love this idea and think it is good for the whole, country explain. >> one of the scandal is not the deficits, but the fact that federal government collects 2.5 trillion. with the consumption or sales tax, this is the lone way we can limit how much money gets to the federal government and more businesses would be created and jobs and the federal government would not be penalizing our work and we would get more work and jobs. >> sounds good to me, rick, to you? >> here's the problem. i will not touch incredibly regressive nature of this. >> by regressive, it hits the poor more than the rich? >> exactly. put the brakes on a economy, imagine what happens here. f
SFGTV
Jan 16, 2013 12:00pm PST
pre-payment and [kphr-ebgs/] agreement, as well as sfpuc tax certificate, very similar to the review when you review our bond approvals for when the sfpuc is an issuer. in this case the issuer would be the wholesale customers not directly the sfpuc. >> and todd, just formality benefit of the public can you quickly distinguish who would be our wholesale customers versus retail? >> our whorl sale customers are primarily san mateo, santa clara and alameda counties. they are 26 agencies that provide water to aapproximately 1.5 million people outside of san francisco. inside of san francisco, are our retail customers and our retail customers will also benefit from this, because they will see lower bills than they would have otherwise seen with the capital repayment. the commission approved this back in december. it provides for rate-payer relief in the flare term, specifically in the next 8-10 years for our retail consumers. a total of $362 million and it is permitted under the con trouting agreement that was signed by city and customers in 2009. this slide is the most important for our
SFGTV
Jan 16, 2013 7:00pm PST
plan. and we're required to use them for eligible expenses under what the irs requires tax exempt bond financing. in addition to that we would use them for some reserves and those reserves basically allow us to have lower rate increases in future years. that is how they flow through the model. the prepavement collection agreement allows foyer surge charge and what will happen the water rate for wholesale customers will go down, but they will levy a surcharge on themselves and they will provide that information to us and we'll be a billing and collection agent. the approval would be before you, consideration and finance today. the board next week, if you concur, and then they would like to go to market in january, january 31st and close at the end of february. thank you for your consideration. we very grateful for the budget analyst's report and their thorough review and we agree with their recommendation as well. >> thank you. i had one question. there was a section that budget analyst report highlighted which basically said that the requirement or part of the agreement also inde
SFGTV
Jan 19, 2013 11:00am PST
of five positions in the office of treasurer and tax collector for the implementation of proposition e and the gross receipts tax. >> would you call item no. 8 as w. item no. 8, ordinance appropriating $1,566,145 from the general fund reserves so to the san francisco department of treasurer/tax collector for gross receipts tax implementation planing for fy2012-2013. >> these two item goes hand in hand. so we have, i believe greg cotto from the treasurer/tax collector to present on these two items. >> good afternoon, supervisors. thank you very much for taking up these items. and i did want to, before i get into this presentation, thank the mayor and particularly the mayor's budget office and controller and his economic team, as well as the city attorney's office. president chiu, supervisor farrell and supervisor avalos. i would like to give a brief overviewhoun it changes things fort taxpayer and how the office of treasurer/tax collector interacted with the public. the ordinance was passed on november 6th. and it does not apply to the 2013 or prior tax years. and just for your inf
FOX Business
Jan 16, 2013 8:00pm EST
think you can do all of this and solve the fiscal ills just raising taxes? what -- who is to blame kids if they think, well, i'm okay. i needn't worry. >> neil, i think the problem is deeper than that. the problem is simply this. the young people are going to pay need bills as i just said before, and guess what? they are not voting on head starts. they are not voting on the war in iraq or any of this stuff. who votes in america today, neil? senior citizens do. it's not any kind of mystery why we can't cut programs like medicaid, medicare, and social security that people get the benefits are the ones who vote. that really is a problem. if we want to get people like charlie's generation, their voice heard, they have to get out own vote for policies and protect their own financial interests. neil: but, charlie, you were telling me something interesting last time you were here, in the heart of hearts, young people you talked to are not that optimistic they'll see social security or medicare, are they? >> not really. you asked them -- a classroom i went to, how many of you receive social sec
FOX Business
Jan 20, 2013 2:00am EST
a huge tax increase to pay for it. of course it costs more. >> the president was telling us this is what he has planned. obamacare is not a single payer plan which is national health care. but isn't that in fact what it is turning into? >> well, i think that there is going to have to be a single plan if we are going to reduce health care costs in society. will this reduce the deficit? no. it depends on what your goal is here. is your goal here to provide health care to people because the private sector has not done a very good job. >> the government will do better? >> we have seen costs in the private sector go up two to three times the rate of inflation. >> the government takeover would be cheaper and more efficient than the private health sector? >> there would be more people covered and the cost would be lower if we had a government plan, a government -- >> is there anyway to prove that contention? >> no, i hear what mark is saying. and by the way this congressman is someone who said we should unionize doctors. we have a veterans administration who is doing health care that was not so
FOX News
Jan 17, 2013 12:00am PST
quote taxes. but it is just another elitist hipocrite when it comes to a fair share of security. protection for their kids and gun free zones for ours. >> sounds familiar. it is the same point i made a month ago. jay carney responded, most americans agree that the president's children should not be used as pawns in a political fight. but to go so far as to make the safety of the president's children the subject of an attack that is repugnant and cowardly, meanwhile kids were front and center with obama as they announced his plan for cutting gun violence. the white house released letters written by the youngsters like this one from an 11-year-old named julia who wrote, quote, i know that laws have to be passed by congress but i beg you to try hard to make guns no the allowed. not just for me, but for the whole united states. how generous. the kids have spoken. is the gun debate now over? >> no, it is not over. i didn't realize they were
CSPAN
Jan 13, 2013 2:45pm EST
revenue that is $819 billion greater than your line -- you have $807 billion in your tax increase built into it because it seems the expiration of the tax cuts for higher income earners and assumes the state tax subvert -- reverts back to 2009 levels. >> our baseline assumes, consistent with where there was bipartisan agreement in december, we would permanently extend the middle-class tax cuts and we would have estate tax relief. we did not have a long-term agreement on the upper-income rates or the richer -- we tried to construct a baseline so the difference would be clear. >> adding the additions in the base line of revenue increase, that is about $1.6 it is debt service on top of that. 709 for the upper income, 147 in debt service. >> let me get to this. i have a lot of questions and i am willing to send you more. your economic assumptions, how you achieve the claims you're making. i want to ask you how you make these economic assumptions. you are expecting robust growth with real gdp growth above 4%, much higher than the private sector blue-chip. i find it interesting that this mark
ABC
Jan 20, 2013 9:30am EST
in the sales tax. >> iyou went to a community meeting and asked 30 people, if you had to choose between raising 700 milon by increasing the gas tax by 18 cents, or by increasing the sales tax by a penny, most people would say -- they did not want to do either, but if they had to do one, the sales tax is a less painful and more palatable way to go about th. >>is reasoning behind that, he sasays because -- a good way for the environment less reliance on gas. the gasoline tax is not revenue -- generating revenue at once dead. >> i was surprised. he and his counterparts have sparred over time on a number of issu. he gave gov. mcdonald credit r recognizing that the gas tax is generating less and less overtime becse of greater fuel effificiency, hybrid vehicles. you have to find a new source. for the governor, that means this p push, and we will s see if f it becomes part of his legislave package this year. adding a penny to the sales tax. >> peter morici, you think th is aousy idea and you are not alone. the wall street editoal pag blasting gov. bob mcdonnell. they say is a bad idea because it let d
FOX Business
Jan 13, 2013 1:00am EST
. millions of americans seeing their paychecks take a hit for the first time this week as the payroll tax hike kicks into full gear. and with 77% of workers in the cross-fire, virtuly no one is safe. >> i almost cried because they took taxes, a lot of taxes out of me. >> it's one of those things that nobody is happy about. >> that sucks. >> it's not good to see it go down. >> it makes a little bit of a difference, maybe with a little less spending, fun stuff. >> my paycheck was about $60 less this months, that goes to food and groceries, i am not super happy about that. >> less money in my pocket and less money i spend, less money in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. th
CSPAN
Jan 13, 2013 9:00pm EST
it is fair and right to have a 1% cap on out-of-work benefits, a 1% cap on tax credits, and a 1% cap on public sector pay. what is inexplicable is the position of the labour party which supports a 1% public sector pay cap but wants more for welfare claimants. that is not fair or right and it should think again. >> ed miliband. >> can the prime minister tell us why on monday when he published his mid-term review he failed to publish his audit of coalition broken promises? >> we will be publishing absolutely every single audit of every single promise -- all 399 pledges set out in the mid- term review. unlike the labour party, the audit will be full, frank and completely unvarnished and the right honorable gentleman will see it this afternoon. let me perhaps remind him of some of those pledges. we said we would cut the deficit and it is down by 25%, we said we would cut immigration and it is down by 25%, we said we would rebalance the economy and there are 1 million private sector jobs. that is a record to be proud of. >> i am afraid the prime minister will have to do better than that.
SFGTV2
Jan 18, 2013 7:00pm PST
taxes for the rich and no fair share who want to live in the privatized environment and not care about the civic situation. that is truly damaging to the possibility of already beleaguered ideals. nothing is simple. i cover the former soviet union and russia. i could go on at great length about how boris yeltsin undermined democracy and became a hero democracy. lech walnsa in many ways was not the. working bloke many made him not to be. gorbachev was a visionary who came to power. he saw he needed to change the country. he used his powers to do that. he withdrew from afghanistan. he called for nuclear abolition. he worked with ronald reagan. he understood you need political solutions, not military solutions. when the soviet troops were ready to come out of the barracks so the berlin wall would not come down, he told them to stay in the barracks, the empire is going. we cannot be a country that will be one of glasnost and perestroika if we live the way we have. it is the 20th anniversary of the soviet union, the end of the soviet union. many people in russia blame him for the economic c
FOX Business
Jan 17, 2013 8:00pm EST
do you keep caving on taxes? why do you do nothing about spending? how is it, a party that lost its bid for the white house, acts like all of a sudden it lost the house? you didn't. stop behaving like you did. after all, voters returned aren't to body that sets all spending issues, why the heck are republicans on defense on spending issues? what happened to their backbone? more to the point, what happened to their soul? tonight, meet the folks who have been brought in to perform a exorcism on the right. they are michelle field, and alan west, you know their faces, get ready for them to get in liberal's faces, by waking up some very young voters, they are launching a web show, called, next generation. and if you are young, hot and bothered, they want to get you jazzed, angry and involved, welcome you to both. alan west, unleash now. from congressional jobs and duties, what do you want to do here? >> neil, i think post -- most important thing, being father of two teenage daughters, take my insights on the issues and perspective, and take those issues to next generation, and let know h
FOX News
Jan 19, 2013 8:00am PST
is halfway house to single payer . man date taxes are too low. hold on a second, mark. more people are going to be dumped in a government. by the way, hang on. nixon. hang on . no, we are not. it would cost trillion. let me finish, mark i beg your pardon. >> it was enacted in britain and can dampt they have fewer mri machines and the wait list are long. >> morgan, when we look for a solution that really works, what we think of is putting the individual back in charge . when an individual is in charge of the cost and care that he or she is receiving, aren't they more responsible? whatever plan we work for isn't that the goal to put them in charge? >> it is it a great concept and going back to the idea of medicare. we will have to take a red pin to entitlements in general. >> last word for morgan. thank you. >> an amazing person . yeah, he's incredible and amazing. >> it is always -- it is always exciting. so it is exciting. >> neal cavuto is going to washington. he's the president guest of the honor in the inauguration . he is hosting special live coverage 11:00 a.m. on the fox business netwo
FOX Business
Jan 13, 2013 2:30am EST
, lawmakers want to start taxing vaccinations? wait until you hear what they want to do with the money. >> the flu out break gating worse and if you think it is bad now just wait. congress considering to report making us cough up a tax on all flu vaccines; tracey? >> it is idiotic. let's just tax something in a ideal rule makes it better. this goes against obama care. gich health care practically away for free. you tax the vaccine, companies are less inclined to offer it free to the employees and costs are going to add up quicker and it defeats the purpose. >> the 75 percent tax and money go to the vaccine fund that you probably never heard of. is that right use of our money on the flew shot. 138 million. they took it . it doesn't work . it is a reventive measure. a lot of people don't want to take it. a lot of research said it doesn't work. it is 75 cents and not 75 percent. they paid out two billionn in claims? >> what this fund is for is to protect researchers in a suit or issue for the drug and alows them a insurance policy. like a driver's insurance policy, but for researchers. th
CNBC
Jan 14, 2013 1:00pm EST
, days after americans see a bigger chunk of their first check of the year going to social security taxes. something rotten may be at apple. the stock is dropping, taking with it the nasdaq and a whole lot of mutual funds. so should you get ready to bite? go into apple on the report that scott just talked about. and check out the brand new corvette. iconic car, maybe even more beautiful than it's ever been. that's one of the things on display at the detroit auto show. we will take you to motor city live. but first to sue with the new york stock exchange. >> ty, you saw it moment ago on cnbc. president obama finishing up his news conference in washington. topic number one, debt ceiling deadline. john harwood is at the white house. lines are drawn, john. >> sue, they were drawn very starkly by the president. he asserted that american people vendcated his approach to deficit reduction in the recently passed election. he said he was willing to negotiate over ways to cut the deficit in the future but he accused house republicans of playing a hostage game with debt limit in the debt ceiling ver
CNBC
Jan 14, 2013 7:00pm EST
the white house won't deliver its own budget in time and still wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all. fed chief ben bernanke is saying it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take th
MSNBC
Jan 19, 2013 2:30am PST
>>> now washington's tax deal affects you, a small business owner. why managing your stock is crucial. it's time to make money, coming up next on "your business." ♪ >>> small businesses are revitalizing the industry. that's why we're proud to present "your business" on msnbc. >>> hi there, everybody, i'm j.j. ramberg, welcome to "your business." for small businesses, the uncertainty of last year carried over into 2013. the good news? the national federation of independent business was up slightly in december. the bad news is it is still at recession levels. the deal negotiates by vice president joe biden ends the tax holiday and increases capitol gains tax rates. how will this impact your small business? we have barbara who is an attorney. she is the writer of the monthly news later "big ideas for small business." and also author of "1001 tax deductions and breaks for 2013." great to see both of you guys, thank you for joining us. >> pleasure. >> there's a lot going on. i read an article that said frustrated, elated, happy, confused, those are all reactions. i want to tal
SFGTV
Jan 18, 2013 4:30am PST
property tax reduction would provide the most benefit to property owners who have owned their properties since 1999. some of the residents and owners who have owned their building for 20 or 30 years, they already pay low property tax so the bills act calculations would not help them. it would not reduce their property taxes anymore. if you just purchase property and it's a contributor to the district you would have high property taxes. the only people who can apply for the mills act property tax reductions are owners of properties of individual landmarks or owners of properties contributors to landmark districts as well as registered landmark districts. so designation of the duboce park landmark district would enable property owners to apply for the mills acted. it's not a dollar for dollar reduction. the mills act is a maintenance restoration or rehabilitation plan. it's a contract that the city enters into with the property owners, department reviews it, the city tax assessor reviews it and ensures the calculations are correct but it's not a dollar per dollar duction. if you were a new
FOX News
Jan 14, 2013 1:00pm PST
this. the governor wants to nix the gas tax in the new trappings plan. that works out to 17 cents per gallon. the average cost of a gallon is 3.28 cents so this would 3.10 in one swoop. bob mcdonald. good to have you. what reaction have you gotten? >> it's a big and novel plan. people are still evaluating it. it's a lot of use of our general fund money and putting money into transportation. converting the gas tax, getting rid of that and converting it revenue neutral to a sales tax which grows. gas tax has been in decline because of fuel efficiency, so people are still looking at it. we had a number of major endorsements and some conservative leaders. speaker. house is patron of the bill but there is a lot of education to do because we have to fix our transportation system in virginia. >> neil: what is interesting your colleague in louisiana, bobby jindal wants to get rid of the taxes, sales tax to compensate. isn't that kind of robbing peter to pay paul. taxes have to be paid through some monies. >> let's say prudent tax policy is based on an idea that taxing consumption as opposed t
FOX News
Jan 14, 2013 3:00pm PST
up with to give tax credit for those turning in assault weapon. and commission that looks at the overall problem of the mass violence. >> bret: shannon bream, thank you. get insight now from senior political analyst brit hume on both stories and the tone of the news conference today. good evening. >> what is interesting to see the tone and tenor of today, the last news conference of the first term? >> if you heard it and you didn't know when it was, you might think that the election campaign is in full swing. unusually partisan. most presidents may make a quiet reference to other part party. this president is more directly partisan than under normal circumstance than i can remember. i think he senses that the republican party is in bed with the public and if he deepens that problem for them, it softens them up to do things his way. but he was strikingly partisan. >> bret: what does it por tepid for debt ceiling negotiation? >> this is a place where the republicans have more leverage than in the recent fight over the fiscal cliff. the law already was going to raise taxes on
CNBC
Jan 17, 2013 7:00pm EST
. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such as our homes and our culture that have lost faith as well. tonight, we are going to talk about the family values breakdown in america. "the kudlow report" begins right now. another key point tonight. for most of the history, america drew at 3.5% per you. the last dozen years however, we have dropped below 2%. and the so-called obama recovery is just a tad above that 2% rate. which should be unacceptable. it is the worst in the post world war ii era. so the question tonight, what's holding back the american economy? here's my quick road map for an economic boom. start off with major cuts in government spending. we should stop paying people not to work. then cut large and small
FOX Business
Jan 15, 2013 5:00pm EST
. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives i
MSNBC
Jan 13, 2013 4:30am PST
>>> how washington's tax deal affects you, the small business owner. why minimum waging your inventory is crucial to keeping your company alive, and how to get customers to buy after the holidays. it's time to make money coming up next on "your business." small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in december. the bad news. the index is still at recession levels. the index for this month is expected to be impacted by the fiscal cliff tax deal passed by congress. that deal negotiated between vice president joe biden and senate republicans ends the payroll tax holiday, raises taxes on those making over $400,000 a year and increases capital gains tax ra
FOX Business
Jan 13, 2013 1:30am EST
and stimulating through the tax code and i mean, there's an absurd notion if you tax people making $400,000 a year and. >> neil: you're not following the script. you opened with a relatively easing savings. >> and save stuff by-- >> and what do you think about this. >> if it were that easy it would have been done already and these congress people are not as stupid as you think, although mr. nixon did once say that most congressmen are not fit to beog catchers, but-- dog catchers pretty sad job. >> it's not as easy as you think or else it would have been done and also the-- >> i disagree, ben, because it is easy, but, obviously, each party clings to its more dog mattic starts and making it impossible to be rational. >> it's simple, but not easy. the tragic part of this is even with the savings, the deficit and accumulative federal debt-- instead of an act of heroism such as never has been seen on capitol hill before. >> neil: that part you're right. adam. >> i would state this differently. the cbo is playing math games, that's fine. cut 1%, this is what you get. what they're not playing is politica
FOX Business
Jan 13, 2013 9:30am EST
taxing vaccinations? wait until you hear what they want to do with the money. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the sp she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, officeyour business needs...k... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. when some people struggle wit
SFGTV2
Jan 17, 2013 4:00pm PST
to enforce that. so finally i also have a question around tax benefits. this has come up a lot in our neighborhood meetings. nobody understands the millsabilitmills actand to our s taken advantage of it supervisor wiener has improved the law but that sounds like a gini pig situation to me. i emphasize there are people in the community feel this will greatly add to the cost of living there in terms of extra designer fees, contractor, expediter fees and that will make it hard for people with young families to stay in the neighborhood. thank you. >> president fong: additional speakers who have called? >> hello. my name is kenneth wingard on the castro benefit district and the market octavia plan community advisory committee. and have a degree in architectural preservation. today i am here as a four decade resident of the neighborhood. i've renovated a 1860's cottage that was designated as unsalvageable and in 1905 edwardian that had fallen into disrepair. i fell in love with the neighborhood with these diamonds in the rough and have been delighted at the current glorious state of the nei
FOX Business
Jan 19, 2013 12:00am EST
:00 a.m. l melissa: i melissa francis and here's what's "money" tonight. are no state income taxes the next big thing? feels like it. nebraska is the latest to consider ditching them for good. but unlike other recent proposals nebraska governor dave heineman says he is not going to raise other taxes to make up for it. hmmm. he will join us to explain just how that could possibly work coming up. >>> plus, an offer from the islamic militants holding two americans hostage in algeria. they will release them in exchange for two convicted terrorists currently in u.s. prisons. could attacks like this against oil and gas facilities become a new tactic in the war against terror? we'll hear from today's power panel. >>> we're shelling out big bucks for purell, flu shots, respiratory masks, tamiflu like there is no tomorrow and people are still getting sick in record numbers. drug companies may be profiting. are we just wasting our money? we'll get to the bottom line. even when they say it's not it is always about money. melissa: all right. first today's market moment. a slate of strong corpo
FOX News
Jan 13, 2013 8:00am PST
be having heart ark tax. if you go to the emergency room and you don't need to be there, it's not good for you or anyone else. >> and there's a lot of germs. thanks so much, doctors. stay well, everybody. >> wash your hands. >> jamie: vice-president joe biden getting ready to prohibit his gun control recommend eggs to president obama on tuesday. just about a month after that gunman opened fire inside the connecticut elementary school and killed 20 children. good morning, everyone. welcome to a brand-new hour, america's news headquarters. much more to come. >> eric: i'm eric shawn. good morning. the vice-president suggested last week, he may support universal background checks and banning high-capacity gun magazines. two proposals the national rifle association and others are bound to fight. peter doocy is in washington with more on the plan that is expected to be unveiled this week. >> reporter: good morning. eric, the national rifle association does not think congress can pass an assault weapons ban or a restriction on high-capacity ammunition. and the nra president explained today, h
CSPAN
Jan 18, 2013 7:00am EST
wanted to make a comment about the tax code system. it's so complicated. i think that the government wants to do something to help out the economy, they could institute a fair tax or a flat tax, something like the libertarian candidate gary johnson was advocating last year where if you buy something you just pay the tax on it, there is no more income tax or corporate tax but a consumption type flat tax. host: do you think that would work? caller: i think that would eliminate all these loopholes people take twn tax code system. if you're married, own a house, have children, you get all these deductions and if you don't have any of those things, then you don't get to take any of those deductions so it's just not fair. if your income comes from capital gains there is a different tax rate for you. if the government wants to help bring the economy back, make everything fair across the board as far as taxes go. host: thanks for the call. we welcome our listeners and our focus this morning the role of government in solving america's problems. it was something that dwight eisenhower talked a
FOX News
Jan 15, 2013 1:00pm PST
with this economic reality. you know what? my constituents are going to pay for it in their taxes. what no one seems to want to talk about in the media. yes, congress will pass an emergency bill and exceed the spending cap congress voted on and then your taxes will be the makeup for that because there is no other place to get it from. >> neil: i admire your guts to stand up to the likes of chris christie, who said, quit playing games and pass the aid. you are saying, we are playing game fist we pass this kind of aid. >> chris christie is a great governor. he's right. the emergency aid nides to be there, the money that will go to the local community, which is about $17 bimmion of this $50 billion aid package. so we bailed out the fema relief insurance fund. okay? we know that that has been operating at a deficit. it's still in the red right now. this is going to prolong the agony. if we don't fix the core spending problem, we are not going to have money for another disaster. >> neil: i suspect they won't. they have taken some of the fat out. but i am talking in terms of million, not billions. >> mill
FOX Business
Jan 14, 2013 9:20am EST
's our fault. is a carbon tax coming? yeah, art laffer on that, too, apple may be below 500 bucks a share, we'll tell you. we've got it all. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> we're coming right up on the opening bell. this monday morning, we're expecting stocks to go down just a little in the opening. a very small amount, and the well has stopped ringing and that means we're open for business. what's the opening t
FOX Business
Jan 17, 2013 9:20am EST
's at the top of the hour, you do not want to miss it. now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over
FOX News
Jan 13, 2013 12:00am PST
an amazing kind of -- [ applause ] >> mike: the president said he raised taxes on the rich to raise taxes on the middle class. why is the middle class being taxed more. coming up country super star john rich and business owners travis perry and william march join me to talk about how taxes are affecting them and their employees. stay with us. i would like to hear from you go to my web site mike huckabee.com and tell me what you think from the lead feedback section. or sign up for facebook page and follow me on twitter. you can find a link to that and morororororor >> if you have got a job and got your first paycheck of the new year, i bet you have noticed that your pay was less than the amount of your last check of 2012. and you are not the only one. thousands have taken to twitter to give their thoughts on the new payroll tax increase. here is just a few samples. one said just noticed all my employees part time hourly and et cetera will have more tax dollars taken out of their checks contrary to president's promise. liar? another one says did new tax goes into effect today? something i d
FOX News
Jan 14, 2013 12:00am PST
said he raised taxes on the rich to raise taxes on the middle class. why is the middle class being taxed more. coming up country super star john rich and business owners travis perry and william march join me to talk about how taxes are affecting them and their employees. stay with us. i would like to hear from you go to my web site mike huckabee.com and tell me what you think from the lead feedback section. or sign up for facebook page and follow me on twitter. you can find a link to that you can find a link to that and mororothe boys use capital one venture miles for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. >> if you have got a job and got your first paycheck of the new year, i bet you have noticed that your pay was less than the amount of your last ch
CSPAN
Jan 15, 2013 11:00pm EST
, but we haven't looked had to do about overhauling tax system, which would you want to raise revenue, you could do in could do in the way bad for the economy hallway discussion helps increase competitiveness and modernizes our tax system. so we know what the answers are. were going to fight it the specifics, but we don't know at what point the political system is going to be willing to make all those traces, which are difficult compromise on both sides and put this issue to rest so we can go back to all the other things were going to fight about. the fact you can sue a policy solutions are more passed the tennis doesn't matter, but everybody recognized the threat that she can't possibly imagine a real growth, and without a sense of stability from knowing what changes obesity you can not planning, investments, job creation, all the necessary pieces of moving the economy forward. but the big wild card is when people are willing to make these type choices instead of using them to fight in the normal political boxes. what do i think's going to happen next? it's often a different path. if you
SFGTV
Jan 14, 2013 3:00am PST
equipment to answer legislation on this and finances district proceeds are basically tax increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is a self supporting enterprise and the city obviously, we pay for that was we purchase from the city and we want to maintain a balance so that the 50 city is not subsidizing the hash fund for our activities and the general services that we require from the city and so we have under taken a nexxus analysis in 2004 and eight that looks at the balance of payment and the next is the methodology that ports with long term leases where the tenants pay tax they pay ampleel tax to be provided these services lik
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